Israel asks U.S. foreign aid be paid in EUROS

FYI - the Euro is now worth about 1.4 US Dollars.

Israeli Foreign Minister Tzipi Livni

Secretary of State Rice has acknowledged a communique from Israeli foreign
minister Tzipi Levni which requests that all foreign aid payments and loans
from the United States be made in Euros rather than in Dollars. Foreign
Minister Levni cited the rapidly declining dollar and it's disfavor as a
world currency as reasons for the request.

"In the spirit of Yom Kippur, the United States will not hold Israel to any
agreements obligating them to accept Dollars as payment for their foreigh
aid. We will translate our obligations into Euros or whatever currency that
best fits Israel's needs" Secretary RIce said in the Friday, Sept 21
announcement.

"We need to place our Israeli obligations at the top of our national prioriy
list. Israel should not suffer any inconvenience due to currency
fluctuations" said Rice before heading off to Camp David.

A similar request from Egypt was declined last week.


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